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U-Haul Holding Co (U-Haul Holding Co) EBIT : $1,125 Mil (TTM As of Dec. 2023)


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What is U-Haul Holding Co EBIT?

U-Haul Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $197 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,125 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. U-Haul Holding Co's annualized ROC % for the quarter that ended in Dec. 2023 was 3.13%. U-Haul Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. U-Haul Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.59%.


U-Haul Holding Co EBIT Historical Data

The historical data trend for U-Haul Holding Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

U-Haul Holding Co EBIT Chart

U-Haul Holding Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 616.23 535.05 954.21 1,637.37 1,435.67

U-Haul Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 317.78 107.73 399.03 421.90 196.83

Competitive Comparison of U-Haul Holding Co's EBIT

For the Rental & Leasing Services subindustry, U-Haul Holding Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


U-Haul Holding Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, U-Haul Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where U-Haul Holding Co's EV-to-EBIT falls into.



U-Haul Holding Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,125 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


U-Haul Holding Co  (NYSE:UHAL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

U-Haul Holding Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=672.552 * ( 1 - 23.54% )/( (16255.359 + 16600.936)/ 2 )
=514.2332592/16428.1475
=3.13 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19021.45 - 1623.385 - ( 2145.131 - max(0, 1680.206 - 2822.912+2145.131))
=16255.359

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19002.576 - 1568.289 - ( 1806.969 - max(0, 1614 - 2447.351+1806.969))
=16600.936

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

U-Haul Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=787.312/( ( (12840.089 + max(-1038.198, 0)) + (13188.025 + max(-1018.039, 0)) )/ 2 )
=787.312/( ( 12840.089 + 13188.025 )/ 2 )
=787.312/13014.057
=6.05 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(216.932 + 161.535 + 263.541) - (1623.385 + 56.821 + 0)
=-1038.198

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(200.275 + 155.161 + 240.525) - (1568.289 + 45.711 + 0)
=-1018.039

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

U-Haul Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1125.489/17086.416
=6.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


U-Haul Holding Co EBIT Related Terms

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U-Haul Holding Co (U-Haul Holding Co) Business Description

Traded in Other Exchanges
Address
5555 Kietzke Lane, Suite 100, Reno, NV, USA, 89511
U-Haul Holding Co is an American moving truck, trailer, and self-storage rental company. The company also provides moving boxes, packing supplies, LPG (propane) refills, trailer hitch and wiring installation, storage container rentals, and other services. It has three reportable segments Moving and Storage, Property and Casualty Insurance, and Life Insurance. The majority of its revenue comes from the Moving and Storage segment.
Executives
Clarendon Strategies, Llc 10 percent owner 207 EAST CLARENDON AVENUE, PHOENIX AZ 85012
Edward J Shoen director, 10 percent owner, officer: President 2727 N CENTRAL AVE, PHOENIX AZ 85004
Mark V Shoen 10 percent owner 2727 N CENTRAL AVE, PHOENIX AZ 85004
Willow Grove Holdings Lp 10 percent owner 1250 E. MISSOURI AVE, PHOENIX AZ 85014
Foster Road Llc 10 percent owner 1250 E. MISSOURI AVE, PHOENIX AZ 85014
Karl A. Schmidt director 600 HERITAGE RD., DE PERE WI 54115
John P. Brogan director 2727 N CENTRAL AVE, PHOENIX AZ 85004
Carrie Martz other: Advisory Board Member 21335 N. 74TH WAY, SCOTTSDALE AZ 85225
De Respino Laurence J other: General Counsel 2721 N. CENTRAL, 11TH FLOOR, SOUTH TOWER, PHOENIX AZ 85004
Maria Lourdes Bell officer: Chief Accounting Officer 2727 N. CENTRAL AVE, PHOENIX AZ 85004
Matthew Braccia officer: Pres-Amerco Real Estate Co. 2727 N. CENTRAL AVE., PHOENIX AZ 85004
Thomas W Hayes other: Ind. Gov Committee Member C/O FREMONT GENERAL CORP, 2020 SANTA MONICA BLVD #600, SANTA MONICA CA 90404
Carlos Vizcarra officer: Pres-Amerco Real Estate Co 2727 N CENTRAL AVE, PHOENIX AZ 85004
Richard Jay Herrera director 21 BRILLIANT SKY DRIVE, SANTE FE NM 87508
David L Holmes 10 percent owner, other: Trustee 4040 S. WESTPOINT DR., RENO NV 89509